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Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

US Dollar/Somali Shilling (FOREX:USDSOS)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDSOS
Open High Low USDSOS Price Change
579.38 579.38 579.38 579.38 0.00
Entry Signal

MarketClub’s Trade Triangles for USDSOS

long term down The long term trend has been DOWN since Mar 12th, 2018 at 578.415

intermediate term up The intermediate term trend has been UP since May 1st, 2018 at 580.005

short term up The short term trend has been UP since May 15th, 2018 at 577.565

Smart Scan Analysis for USDSOS

Based on a pre-defined weighted trend formula for chart analysis, USDSOS scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for USDSOS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
579.38 579.38 579.38 579.38 0.00
Prev. Close Volume Bid Ask Time
579.59 545.38 613.38 2018-05-20 21:34:19
Want to analyze US Dollar/Somali Shilling USDSOS or another symbol? Try our Free Forex Trend Analysis Report.